What Are The Legal Requirements Of An S Corp?
A S corporation must meet the following legal requirements: Be a domestic corporation Have only allowable shareholders, including individuals, [...]
March 20, 2023 /
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How is an Airbnb taxed?
Airbnb rental income is considered taxable income and must be reported on your tax return. Here’s a brief overview of the tax implications [...]
March 19, 2023 /
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How Does Having a Holding Company Help My Business?
A holding company is a type of company that doesn’t have any operations or active business of its own, but instead owns other companies [...]
March 18, 2023 /
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What Legitimate Expenses Can I Deduct As A Business Owner
As a business owner, you can typically deduct the following legitimate business expenses: Advertising and marketing costs Employee salaries and [...]
February 27, 2023 /
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What’s a better way to set up your company? S Corp vs. C Corp
S Corporation (S Corp) and C Corporation (C Corp) are two different types of business structures in the United States. The main differences [...]
February 23, 2023 /
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Why Establish A Company In Delaware?
There are several reasons to establish a company in Delaware: 1. Favorable corporate law: Delaware has a business-friendly legal system with [...]
February 23, 2023 /
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What’s The Difference Between S Corp and LLC
An S corporation and an LLC (Limited Liability Company) are both types of business structures, but they have some key differences. An S [...]
February 15, 2023 /
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What Are The Capital Gains Tax Rates?
The capital gains tax rates in the United States vary depending on several factors, including the type of asset sold and the [...]
February 10, 2023 /
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What Are My Responsibilities As An S Corp Owner?
As an S Corporation owner, your responsibilities include: Complying with tax laws and regulations Keeping accurate financial records and records [...]
February 9, 2023 /
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Should I Put my Rental Properties in Multiple LLCs
Whether to put your rental properties in multiple LLCs depends on your specific circumstances and goals. Some advantages of having each property [...]
February 8, 2023 /
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